Family offices and sovereign wealth funds continue accumulating bitcoin despite the recent selloff, according to Coinbase's John D'Agostino.
A $52.2 billion Bitcoin stockpile and an ambitious push into tokenized finance are putting Bitcoin and XRP at the center of the conversation, even as both assets continue to navigate a challenging market environment.
June 8, 2026, 5:48 pmA June 5 court stay and a June 2 spend turned the Noah Doe case into a test of legal title versus private-key control.
June 8, 2026, 4:20 pm
Strategy's need to rebuild dollar reserves highlights the fragility of relying heavily on volatile assets, impacting investor trust and market stability.
Strategy secured approval to pay STRC dividends twice monthly as its bitcoin holdings climbed to 845,256 BTC. The move follows recent treasury activity and could reshape how income investors view the company’s preferred stock.
Geopolitical tensions in the Middle East heighten market volatility, impacting investor sentiment and potentially triggering further asset sell-offs.
The BTC price is declining more each day as the bear market tightens its grip on the crypto market. Last week, Bitcoin plummeted below $60,000 for the first time since October 2024, marking a new low for this cycle.
Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also ending firmly negative. The weakness was not uniform, however, as HYPE and XRP ETFs drew inflows while solana slipped back into redemptions.
The main driver behind bitcoin's weakness was ETF selling after red-hot April U.S. inflation data, 10x's Markus Thielen argued.
Strategy resumed Bitcoin buying by purchasing 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC after last week’s controversial sale.
Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading of this nature has historically preceded major market bottoms.
Experts remain cautious of Bitcoin’s weekend rebound to $63,000, pointing to ETF outflows and CME BTC volatility.
$63,471.00 +2.10%
$1.27T Market Cap
$40.09B Total Volume (3.15%)
$126,080 All Time High -49.66%
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